About Comtec Group
Comtec Group is a company based in Cardiff (United Kingdom) founded in 2009 was acquired by Euro Techno Com in July 2020.. The company has 143 employees as of January 31, 2012. Comtec Group has completed 1 acquisition, including Comnet Canada. Comtec Group operates in a competitive market with competitors including Amadeus, Travelport, Sabre, Mondee and RateGain, among others.
- Headquarter Cardiff, United Kingdom
- Employees 143 as on 31 Jan, 2012
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Comtec Group Limited
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Annual Revenue
$14.2 M (USD)-17as on Dec 31, 2013
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Net Profit
$-5.72 M (USD)56as on Dec 31, 2013
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EBITDA
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Latest Funding Round
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Investors
HSBC
& 2 more
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Employee Count
143
as on Jan 31, 2012
- Investments & Acquisitions
- Acquired by
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Funding Insights of Comtec Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Comtec Group
Comtec Group has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include HSBC, Euro Techno Com and RJD Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity funding is offered by RJD Partners.
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Founded Year | Domain | Location | |
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Universal banking and financial advisory services are provided globally.
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Founded Year | Domain | Location | |
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Telecom maintenance equipment is sold via an online marketplace.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Comtec Group
Comtec Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Comnet Canada. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Communication and networking services are provided in Canada.
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Comtec Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Comtec Group Comparisons
Competitors of Comtec Group
Comtec Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Amadeus, Travelport, Sabre, Mondee and RateGain, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
SaaS-based operations management is provided for hospitality and aviation sectors.
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| domain | founded_year | HQ Location |
Blockchain and SaaS solutions are delivered for travel providers.
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| domain | founded_year | HQ Location |
Business management solutions are offered to travel service providers.
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| domain | founded_year | HQ Location |
SaaS solutions are delivered for travel professionals' tech needs.
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| domain | founded_year | HQ Location |
SaaS solutions for hospitality revenue and operations management are delivered.
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| domain | founded_year | HQ Location |
Turnkey solutions and tools are offered for travel agencies.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Comtec Group
When was Comtec Group founded?
Comtec Group was founded in 2009.
Where is Comtec Group located?
Comtec Group is headquartered in Cardiff, United Kingdom. It is registered at Cardiff, Wales, United Kingdom.
How many employees does Comtec Group have?
As of Jan 31, 2012, the latest employee count at Comtec Group is 143.
What is the annual revenue of Comtec Group?
Annual revenue of Comtec Group is $14.2M as on Dec 31, 2013.
What does Comtec Group do?
Comtec Group was founded in 2009 in Cardiff, United Kingdom, as a travel technology company. Software solutions are offered to travel service providers, including XML Gateway, customer relationship management systems, booking engines, and hosting services. TravelConnect is provided as a retail selling platform for travel agents, while Travelink delivers solutions for tour operators. Operations focus on supporting the travel industry through these integrated products.
Who are the top competitors of Comtec Group?
Comtec Group's top competitors include Amadeus, Travelport and Sabre.
How many acquisitions has Comtec Group made?
Comtec Group has made 1 acquisition, including Comnet Canada.
Who are Comtec Group's investors?
Comtec Group has 3 investors. Key investors include HSBC, Euro Techno Com, and RJD Partners.
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